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  • #8,921
  • Dec 12, 2011 6:24am Dec 12, 2011 6:24am
EUUD 4 hr.. turning up at 3250 ish.. turning up as per.. CCI diverg.. weekly and mthly.. fibo pivots at this point.. also a Gann pivot..also 1.618%% ext.... legs crossed..stop below.. 2200..also 1 hour.. CCI diverg..
Attached Image (click to enlarge)
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  • #8,922
  • Dec 12, 2011 6:50am Dec 12, 2011 6:50am
3250 is support now. Look at cable. Its going up while eu is standing still. It may be what BW said, we could see a jump. I would like to see a divergence first which would confirm my thoughts.
  • #8,923
  • Dec 12, 2011 7:02am Dec 12, 2011 7:02am
Quoting bumapatria
black widow myst be a real champ of a spider he has 70 posts and so much recognition of wisdom.

wow great ! also considering bull jump at 3220s demand zone
He is a good trader, a killer one.
  • #8,924
  • Dec 12, 2011 7:06am Dec 12, 2011 7:06am
Quoting T@rantula
He is a good trader, a killer one.
hence the name 'black widow'
Have I got something on my face, SOLDIER?
  • #8,925
  • Dec 12, 2011 7:07am Dec 12, 2011 7:07am
Quoting T@rantula
3250 is support now. Look at cable. Its going up while eu is standing still. It may be what BW said, we could see a jump. I would like to see a divergence first which would confirm my thoughts.
Again, H1 close showed no bullish divergence. The 1st target for bears is 3220 if 3250 is broken.
  • #8,926
  • Dec 12, 2011 7:08am Dec 12, 2011 7:08am
Quoting bumapatria
hence the name 'black widow'
Yes, one of most venomous one, good instincts.
  • #8,927
  • Dec 12, 2011 7:21am Dec 12, 2011 7:21am
Downward sloping triangle on m5 and no confirmation of bullish divergence on higher timeframes. The scenario which follows this is:

Attached Image (click to enlarge)
Click to Enlarge Name: triangle.jpg Size: 28 KB


Only strong buying by fundamentals or bearish profit taking ( close of sell orders)
will push EU higher.
  • #8,928
  • Dec 12, 2011 7:25am Dec 12, 2011 7:25am
And 3m after.....Im not a clairvoyant no....REACT guys! REACT! Leave predictions to those who are fearful to take an action!

Seeing is believing


Attached Image (click to enlarge)
Click to Enlarge Name: triangle2.jpg Size: 28 KB
  • #8,929
  • Dec 12, 2011 7:36am Dec 12, 2011 7:36am
Just a reminder that below we have the Daily TL @ 1.3230
The Gap has been filled at 1.3240..
Attatched is the chart

Regards
BW

Ps Thanks Tarantula for your kind comments
Attached Image (click to enlarge)
Click to Enlarge Name: gap fill.gif Size: 25 KB
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #8,930
  • Dec 12, 2011 7:39am Dec 12, 2011 7:39am
Quoting BlackWid0w
Just a reminder that below we have the Daily TL @ 1.3230
The Gap has been filled at 1.3240..
Attatched is the chart

Regards
BW

Ps Thanks Tarantula for your kind comments
  • #8,931
  • Dec 12, 2011 7:41am Dec 12, 2011 7:41am
Be careful buying this ...1.3231 is the bull limit after that I dont see no support till 1.3167 then 1.3128...and crucial level 1.2979.

In this Manipulative market there are no right wrong pattern...its driven by fundamentals and manipulation..

Manage your risk ..No need to be greedy.

I know 1 hr is oversold..it does not matter.
Markets are not Random, they are designed!
  • #8,932
  • Dec 12, 2011 7:43am Dec 12, 2011 7:43am
For those who traded the shorts or downside breakout its good to scale out now..

I agree with BW. 3230 is the confluence point.
  • #8,933
  • Dec 12, 2011 7:44am Dec 12, 2011 7:44am
Quoting Raza
Be careful buying this ...1.3231 is the bull limit after that I dont see no support till 1.3167 then 1.3128...and crucial level 1.2979.

In this Manipulative market there are no right wrong pattern...its driven by fundamentals and manipulation..

Manage your risk ..No need to be greedy.

I know 1 hr is oversold..it does not matter.
Exaclty Raza...Im not buying either. As EU closed the "gap" im flat now. Still buying into dips can be ok for 10-15 pip scalp. I guess brave ones would consider buying 3230-35 for some scalp trades.
  • #8,934
  • Dec 12, 2011 7:47am Dec 12, 2011 7:47am
Quoting T@rantula
Exaclty Raza...Im not buying either. As EU closed the "gap" im flat now. Still buying into dips can be ok for 10-15 pip scalp. I guess brave ones would consider buying 3230-35 for some scalp trades.
Yes One has to be very brave if buying descent size lots....

Then its your $$ and your A$$...lol..

We all waited for this Bear to happen ..now happening so why think Buying...

I wont till we are at 1.2979 at least...if not I will wait for confirmation for scalp/ intra day Long.

1.3231 has been hit as we speak.
Markets are not Random, they are designed!
  • #8,935
  • Dec 12, 2011 7:50am Dec 12, 2011 7:50am
Quoting Raza
Yes you have to be very brave if buying descent size lots....

Then its your $$ and your A$$...lol..

We all waited for this Bear to happen ..now happening so why think Buying...

I wont till we are at 1.2979 at least...if not I will wait for confirmation for scalp/ intra day Long.
agree Bro
if anyone wants to buy I can sell it to them ,
you wanna be my broker then , hehe

Cheers
aligater
born to speculate
  • #8,936
  • Dec 12, 2011 7:50am Dec 12, 2011 7:50am
Quoting Raza
Yes One has to be very brave if buying descent size lots....

Then its your $$ and your A$$...lol..

We all waited for this Bear to happen ..now happening so why think Buying...

I wont till we are at 1.2979 at least...if not I will wait for confirmation for scalp/ intra day Long.
Im not brave enough for knife catching. Would rather sell into dips as all day today..

If u follow my trading hours you know next 45 mins will tell us incoming direction.
  • #8,937
  • Dec 12, 2011 7:54am Dec 12, 2011 7:54am
A daily pitchfork. Will it touch or be frontrun.
Attached Image (click to enlarge)
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  • #8,938
  • Dec 12, 2011 7:55am Dec 12, 2011 7:55am
Guys how do you post multiple quotes in ONE Post?

Let me know when you are not busy trading.

Thanks.
Markets are not Random, they are designed!
  • #8,939
  • Dec 12, 2011 7:57am Dec 12, 2011 7:57am
Quoting aligater
agree Bro
if anyone wants to buy I can sell it to them ,
you wanna be my broker then , hehe

Cheers
aligater
....
Markets are not Random, they are designed!
  • #8,940
  • Dec 12, 2011 7:57am Dec 12, 2011 7:57am
Quoting AlexC
A daily pitchfork. Will it touch or be frontrun.
Selling into support is ALWAYS risky. Its always better to wait then to predict. Only a clear break which is signalled by 1m momentum candles is acceptable.
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